Underwriting Professional

Aon is hiring for an Underwriting Professional I.

Bankers Insurance Service (BIS) business group within Aon Affinity is a leading general underwriter that provides insurance coverage for residential and commercial mortgage lenders. Our products include fidelity bond, E&O, Professional Liability, Mortgage Impairment, D&O, Privacy/Cyber Liability, and Surety coverages tailored to mortgage lenders and other financial institutions.

Within stipulated underwriting authority limits, the Underwriting Professional is accountable for reviewing and evaluating applications for surety bonds to classify the applicant and determine the appropriate surety carrier for placement of the bonds.

This is a hybrid role working two to three days per week, at our Chicago, IL office location.

Aon is in the business of better decisions

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive team, and we are passionate about helping our colleagues and clients succeed.

• Review and evaluate surety bond applications and related documents, including financial statements and other information needed to properly evaluate and classify the appropriate surety carrier for placement of the bonds.
• Obtain all relevant information not included with the initial submission to ensure a thorough evaluation of the risk.
• Review and evaluate financial statements and recommend appropriate actions to maintain bond coverage.
• Liaise with multiple surety bond carriers to ensure all documentation for bond placement is secured and rates to be charged are adequate and accurate.
• Prepare and review quotations to ensure accuracy prior to presentation to potential clients.
• Communicate effectively with current and prospective bond clients to ensure bond issuance deadlines are met and client needs satisfied.
• Maintain bond file documentation meticulously.
• Developing and managing a book of business with goals for production, net revenue, and underwriting audit results.
• Solicit new applications from past producers and clients.
• Complete a variety of underwriting projects at the direction of management.

• Surety Bond Industry experience
• P&C and Surplus Lines Licenses preferred, will be required to obtain within 6 months of hire date
• Experience with MS Office suite products

• Bachelor’s Degree preferred or equivalent 3-5 years of surety/insurance experience

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self thermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well.

Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. People with criminal histories are encouraged to apply.

We are committed to providing equal employment opportunities and fostering an inclusive workplace. If you require accommodations during the application or interview process, please let us know. You can request accommodations by emailing us at Rea or your recruiter. We will work with you to meet your needs and ensure a fair and equitable experience.

For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair…